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China’s Nov Trade Balance: Surplus shrinks amid a massive surge in imports, exports disappoint

China's Trade Balance for November, in Yuan terms, came in at CNY460.68 billion versus CNY372.23 billion expected and CNY545.90 billion last.

The exports rose by 16.6% last month vs. 17.2% expected and 20.3% previous.

Imports increased by 26% vs. 9.4% expected and 14.5% prior.

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China Trade Balance USD came in at $71.72B below forecasts ($82.75B) in November

China Trade Balance USD came in at $71.72B below forecasts ($82.75B) in November
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NZD/USD Price Analysis: Ignores oversold RSI to aim for 0.6700

NZD/USD licks its wounds around 0.6750, following a brief decline to refresh multi-day low during early Tuesday. The oversold RSI conditions favor the
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